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Satyam scam: B Ramalinga Raju, 9 others get bail, sentences suspended by court

2015-05-11 18:22:02| IT Services - Topix.net

A metropolitan sessions court today granted bail to Satyam Computers founder B Ramalinga Raju and nine others and suspended their seven-year rigorous imprisonment sentence. http://www.financialexpress.com/article/industry/companies/satyam-scam-b-ramalinga-raju-9-others-get-bail-sentences-suspended-by-court/71450/ Satyam scam, satyam scam news, satyam case, B Ramalinga Raju, B Ramalinga Raju bail, Satyam Computer Services, satyam computers, CBI court, Hyderabad court, India news A metropolitan sessions court today granted bail to Satyam Computers founder B Ramalinga Raju and nine others and suspended their seven-year rigorous imprisonment sentence.

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Satyam case: court rejects pleas of Raju, others

2015-04-20 16:19:47| IT Services - Topix.net

A local court today rejected as non-maintainable the appeals filed by Satyam scam kingpin B Ramalinga Raju and others challenging a special court's verdict that found him and nine others guilty in the multi-crore rupee accounting fraud in erstwhile Satyam Computer Services Ltd . The appeals were filed by Raju and others last week in the court of metropolitan sessions judge here requesting setting aside of the special court's judgement and also sought bail.

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India's Satyam founder sentenced to seven years in jail in fraud case

2015-04-13 16:39:25| IT Services - Topix.net

The founder of Satyam Computer Services, once India's fourth-largest software services firm, was sentenced to seven years in prison after being found guilty in an accounting fraud case that ranks as the country's biggest. A court in the southern Indian city of Hyderabad, where Satyam was based, on Thursday pronounced Ramalinga Raju, a management graduate from Ohio University who founded Satyam in 1987, guilty of forging documents and falsifying accounts.

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Satyam case: 7-year jail term for Ramalinga Raju

2015-04-09 13:45:19| IT Services - Topix.net

Hyderabad: A special CBI court on Thursday sentenced B. Ramalinga Raju, his two brothers and seven others to seven years in prison in the multi-crore-rupee Satyam case. The court also imposed a fine of Rs.5 crore on Ramalinga Raju, the Satyam Computer Services Ltd's founder and former chairman, and his brother B. Rama Raju and Rs.20-25 lakh each on the remaining accused, a lawyer said.

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Satyam Scam: All 10 accused including founder B Ramalinga Raju found guilty

2015-04-09 10:35:36| IT Services - Topix.net

A special court on Thursday held B Ramalinga Raju, founder of Satyam Computer Services, which was once one of India's biggest IT outsourcing companies, guilty in the country's biggest corporate accounting fraud. Nine others were also found guilty in the case.

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